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Family Promise of Midland Texas Inc

EIN 27-1003573 · Midland, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood73 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF FAMILY PROMISE OF MIDLAND IS TO "END HOMELESSNESS, ONE FAMILY AT A TIME."

Income
$866,689
Spending
$1.2 million
Spent on programs
84%
Reserves
7.3 months of spending
Largest source of income
donations and private grants, 84%
Employees
11
Volunteers
250
Highest pay
$76,427, executive dir.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 73 out of 100. Higher than 70% of charities in its peer group (housing, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.3 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 36% of income.

  • Income trend

    10 of 15

    Income fell 4% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 88% of charities in its peer group (housing, $250k to $1m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $512,210 spent. FAMILIES FORWARD TRANSITIONAL HOUSING (FF) - FAMILY PROMISE OF MIDLAND OWNS AND OPERATES SEVEN DUPLEXES DESIGNED TO PROVIDE FAMILIES THE RESOURCES TO REACH HIGHER LEVELS OF SELF-SUFFICIENCY AND INDEPENDENCE. THE COMPLEX INCLUDES A BASKETBALL COURT AND A PLAYGROUND. FAMILIES PAY A MONTHLY PROGRAM FEE ($550 FOR A 3 BED/2 BATH AND $350 FOR A 2 BED/2 BATH UNIT) THAT ASSISTS IN THE COSTS OF PROVIDING FREE CASE MANAGEMENT, FREE COUNSELING, FREE UTILITIES, AND FREE CHILD CARE. UP TO TWO UNITS CAN BEEN DESIGNATED AS INCOME RESTRICTED (= 30% OF TAKE-HOME INCOME) AND/OR RAPID REHOUSING SHOULD THE NEED ARISE. FAMILIES MAY LIVE IN THESE UNITS FOR UP TO 2 YEARS. FAMILIES ARE REQUIRED TO SAVE 20% OF THEIR EARNED INCOME AND ATTEND MONTHLY PARENT TRAININGS. WHILE IN THE PROGRAM, FAMILIES WORK DILIGENTLY IN REDUCING THEIR DEBT, INCREASING THEIR SAVINGS, AND INCREASING THEIR EMPLOYABILITY FOR LONG TERM GAIN. DURING 2024, WE SERVED A TOTAL OF 85 INDIVIDUALS.
  2. $408,835 spent. MIDLAND INTERFAITH HOSPITALITY NETWORK (MIHN) - THE MIHN IS A PARTNERSHIP OF CONGREGATIONS/COMPANIES/VOLUNTEER GROUPS WITHIN THE COMMUNITY HELPING FAMILIES WHO ARE FACING HOMELESSNESS. THE MIHN USES EXISTING COMMUNITY RESOURCES TO PROVIDE COMPREHENSIVE SERVICES TO FAMILIES EXPERIENCING HOMELESSNESS. THIS UNUQUE COMMUNITY RESPONSE OFFERS AN OPPORTUNITY FOR VOLUNTEERS TO BE ON THE FRONT LINE OF MIDLAND'S EFFORT TO REDUCE HOMELESSNESS WHILE TRANSFORMING THE LIVES OF FAMILIES IN NEED. FAMILY PROMISE'S MIHN PROGRAM MAY SERVE UP TO 4 FAMILIES AT A TIME. WHILE IN THE PROGRAM, THE ADULTS ARE REQUIRED TO WORK FULL-TIME, GO TO SCHOOL FULL-TIME, OR A COMBINATION THEREOF. FAMILIES WORK WITH A CASE MANAGER ON SHORT-TERM OBJECTIVES, OBTAINING LONG-TERM GOALS. ALL FAMILIES HAVE CREDIT REPORTS RUN AND THEN BEGIN THE TASKS OF INCREASING THEIR CREDIT SCORES, WHILE REDUCING DEBT. IN ADDITION, ALL FAMILIES ARE REQUIRED TO SAVE 80% OF THEIR EARNED INCOME IN THEIR OWN BANK ACCOUNTS. PARENTS ARE ALSO REQUIRED TO ATTEND MONTHLY TRAININGS, INCLUDING FINANCIAL LITERACY TRAINING. THE FAMILIES IN THE MIHN RESIDE IN DUPLEX #2 AT 2908 W. OHIO AVE., MIDLAND, TX, WHICH IS DERECTLY BEHIND FAMILY PROMISE OF MIDLAND'S DAY CENTER/OFFICES. EACH 3 BEDROOM/2 BATH UNIT IS SHARED BY TWO FAMILIES. WE SERVED A TOAL OF 68 INDIVIDUALS DURING 2024.
  3. $75,314 spent. OUTREACH - THIS PROGRAM OFFERS ASSISTANCE TO ANY INDIVIDUAL OR FAMILY WHO DOES NOT QUALIFY FOR OUR MIHN OR FAMILIES FORWARD PROGRAM. THIS INCLUDES ANYONE WITHOUT CHILDREN UNDER THE AGE OF 18, HOMELESS INDIVIDUALS, VETERANS, ELDERLY, ETC. WE OFFER CASE MANAGEMENT SERVICES, FINANCIAL LITERACY AND BASIC NEEDS. FAMILIES WHO ARE ON OUR WAITLIST FOR THE LISTED PROGRAMS ABOVE, WILL ALSO WORK WITH THE OUTREACH DEPARTMENT TO MOVE THEIR PROGRESS ALONG SO WHEN THEY ENTER FAMILY PROMISE THEY CAN EXCEL AT A MUCH QUICKER RATE.DURING 2024, A TOTAL OF 409 INDIVIDUALS WERE SERVED.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2010.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.